Home / 
Unexplained Cash Deposits u/s 69: Interim Use for Loan Repayment Shouldn't Harm Taxpayer.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Unexplained cash deposits in the bank account u/s. 69 - money might have been utilized in the interregnum period for some purpose and thereafter appropriated towards discharge of loan. But that fact cannot be held against the assessee.....
TaxTMI